Tag Archives: TEVA
Emerging markets brief
Overnight emerging markets continued the rally started Monday on speculation the European Central Bank (ECB) could be getting ready to buy Spanish and Italian bonds to help reduce borrowing costs for the two debt-stricken countries.
Emerging markets brief
Emerging markets in Asia opened for the first time since the U.S. economy reportedly added more jobs than expected and rallied at the open. Adding strength to markets were comments from China’s central bank indicating it will tactically adjust monetary policy as needed on any concerns of weakening economic data.
Emerging markets week ahead: Ben and Mario control fate
Strong talk by ECB President Mario Draghi and a better than expected 2nd quarter GDP report in the United States pushed developed and emerging markets up strongly last week.
Emerging markets brief
Overnight emerging markets trading was interesting to say the least. With multiple straight down sessions in a row and Japan’s NIKKEI suffering the most — five straight sessions to the downside — market participants began to pick through the rubble after strong earnings from Caterpillar (CAT, quote) and Boeing (BA, quote).
Emerging market brief
Overnight markets in Asia took a beating across the board on escalated fears the emerging market of Greece will not be able to pay off its debt. There are growing concerns the euro zone will be forced to cut Greece loose or approve some kind of debt forgiveness, wiping out money owed for the bailout.
Emerging markets brief
China’s manufacturing data recovered somewhat in July, climbing to a five-month high of 49.5 compared to 48.2 for the previous reading in June and giving nervous emerging markets a bit of confidence that not everything in the global economy is bad.
Market update: morning coffee brief
Asian markets moved lower during the overnight session led by Japanese utilities and financials. One bright spot was Hong Kong’s telecom sector, which rallied strongly enough to allow the Hang Seng Index to close higher by 0.42%.
Emerging markets health care profits lure German healthcare firm
German health care firm Fresenius SA is shifting its business model from the declining U.S. & European markets to address emerging markets health care needs.
